Orbán to hold consultations ahead of IMF talks


Prime Minister Viktor Orbán is starting a series of consultations with political and economic allies of the ruling Fidesz party and the government, as well as church leaders, daily Népszabadság said on Tuesday.

Between July 16 and 31, Orbán will hold talks with political partner organizations with whom he signed alliance contracts in March 2010, before the parliamentary elections, the paper said.

The talks precede negotiations on precautionary financial assistance Hungary is seeking from the International Monetary Fund and the European Union.

Next Monday, Orbán will hold consultations with Zsolt Semjén, head of his "number one" ally KDNP, with party group leader Péter Harrach and other senior party officials.

Orbán is also scheduled to hold talks with Sándor Demján, head of the Federation of Hungarian Entrepreneurs and Employers (VOSZ), and László Parragh, head of the Hungarian Chamber of Commerce and Industry.

Orbán will not prepare "Moncloa Pacts," -- a series of negotiations in Spain back in 1977 before introducing an austerity package -- but assess the past two years and identify the most important tasks for the second half of the government term, a government official who wished to remain unnamed told the paper.

Negotiating delegations from the IMF and the EU will arrive in Budapest on July 17.


Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga Analysis

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.